Deutsche Bank begins CEO search as it runs out of quick fixes: sources

FRANKFURT (Reuters) - Deutsche Bank has begun the search for a new chief executive, two people familiar with the matter said on Tuesday, as investors grow frustrated with the slow turnaround of the loss-making German lender.

Paul Achleitner, chairman of the board, has initiated a search to replace John Cryan, the British chief executive officer who has been in office less than three years, the people said on condition of anonymity.